/biz/ - Business, Finance & Crypto

Based, wish the best of luck too you on getting rich

>>382
its because banks and hedgefunds are invested in them. they predominately try to own anything that has popular value.

they arent investing in monero as heavily because in general it is an affront to all of their other business investments. although im sure they at least hold some monero.

>monero
How do I convert monero gains into canadian tire money?

>>541
They dropped Canadian Tire dollars for their shitty triangle card. I am seething.

>>156
ten thousand percent, yes. please do crypto containment board based mods. Or make this the crypto containment board, and delete the words "business, finance" in the part of the title here, and make sure everyone knows the real biz shit goes into /h/, and add "business, finance" into the title for h. and…maybe soc? if it's the irl board…then that is the place for meetups isn't it? i just don't want to hear about a speculative asset that requires electrical power to even have a chance of being useful, which it currently is not. when i can buy a loaf of bread with crypto, when i can run a business off it, then it can come into the real bizness bred

>>626
(my loaf of bread requirement should clarify i mean brick and mortar)

>>626
Not enough activity to separate the boards quite yet but when the site grows some more we will definitely consider it

I'll take the b8, no fren. I make over $170k a year and I barely passed high school. Learn a trade. I went to vocational school for electrical.

>>623
this

Depends what path you are going down.

I'd just hold USD in your account. Swap to tether if you need to move it but otherwise, if it's just sitting your account, tether is risky

>>618
>hold a hyperinflating currency
>swap to a scam currency with no real attachment to its measure
genius. your intelligence is amazing. you must be super rich. you must have a smoking hot trad wife. you must be demi god. thank you for using the internet today. please dont kys.

I've spent some time researching this. What I found out:
Tether own a lot of commercial paper and bonds. They don't have all the money at hand.
BUSD is made by Paxos. They have liquid reserves and a dollar for each BUSD token.
Same with USDC.
What I did is sell my Tether and go 50/50 in BUSD and USDC.
Honestly just go to their websites and read their latest reports and make up your choice. Best would be USD but if you need crypto cash quick it's easier to keep some stables.

>>17
because it breaks all the time

>>573
I had really high hopes for Solana, I'm holding a good amount and im very disappointed

Because it's a VC scam that was meant to last a bull market and make insiders rich. It has absolutely nothing in it that makes it a viable long term project: it doesn't scale, it's not decentralized, and way too much supply is held by insiders to ever become credibly neutral infrastructure.

One of the only promising projects out there that has survived multiple bear markets, has been steadily building while learning from other projects' mistakes, and on top of that follows a libertarian vision, is Cardano. CH is one of the few people left that's on our side, taking an active stand against WEF / Schwab / vaccine policy / deplatforming, and refrains from hyping up his project, doesn't tell people supporting other projects to hfsp, and is focused on real world use cases instead of building another ponzi factory.

Ethereum is owned by JP Morgan, in bed with WEF, their tech is years behind due them being unable to iterate while trying to get PoS working. The only reason it's still #2 is because the lizards are pushing it, wanting us to feed more data into our future soulbound shit tokens.

>>477
He can turn it into an invite-only, private club where you charge dues for access.
This policy works to keep out niggers and other undesirables too.

I think arcades were only a thing because the hardware was expensive at the time. Now that everyone has a screen, can get a console system or a PC, there's no real appeal.

Some barcades do well, so you may consider one of those.

>>612
ive seen a couple around. their existence is perplexing. i think its mainly an excuse to have some beer.

>>603

It's probably just because it's new.

I think after the big boy coins are established, it'll
be a lot easier to explain to retardos. Besides, many
concepts in normal finance (credit score, credit card
terms, loans, etc.) are way more complex than how some
cryptos work.

op is retarded. using and managing crypto is incredibly simple. what people do now with traditional fiat is insanely more complex. most people have no idea what they are signing up for when they open a bank account, apply for a credit card, take out a loan or mortgage, or purchase tax software to file government mandated tax filings.

if anything cryptocurrencies are too simple for people used to such a complex multilayered ponzi scheme known as modern banking.

>>609
think about it, you probably have to call a person at the bank just to deposit a check if the number of moneys on the check is too big.

your interest rate on your credit card or mortgage is calculated using algorithms you will never know about. interest rates from staking or borrowing crypto are calculated using simple terms of money available versus money already owed.

why the fuck do we have to file taxes? we dont, its just a salt on the wounds of the populace. 'remember your here forever wagie' type sadism.

>>587
fren, I would like to buy it from you at a much higher price, but only if you can help me find a fren that can buy it from me at a higher price than what I paid to you. Thank you fren this has been an interesting TED talk
nigger nigger kike kike

I'm never selling my BITCOIN

TG hpos10idotcom

for every dip I am always BUYING! You can't bog me!

this one is usually recommanded https://coincards.com/ but I dont know if a tea fren can use it. Otherwise, the next best option is to sell xmr for btc/ltc and buy with btc/ltc

>>45

Steam stopped accepting Bitcoin some years ago, so you'll have to buy Steam Wallet Codes with cryptocurrency instead.

Many stores that sell Steam CD keys accept cryptocurrency as well, so you could buy from them, for a better price than Steam might offer when there's no sale on.

Bitrefill can be used to buy gift cards in the UK, but does not accept Monero, so you'll have to swap to another crypto, like Litecoin, to make your purchase. For more gift card websites, and other crypto websites that aren't using BitPay, check out https://debitpay.directory/gyft/

Also, consider checking out Swapzone.io to find the best rates when swapping between cryptocurrencies. Fixedfloat often has the best rates, but this could change.